CH AGRI-PROD EX (00149.HK) acquired 50% of the Shareholder Shenzhen Agricultural Products Group's wet goods business for 0.15 billion.
CH AGRI-PROD EX (00149.HK) announced the acquisition of 50% equity in the joint venture - Shenzhen Jimao Market from its controlling shareholder WANG ON GROUP (01222.HK), which is a recognized operator of wet markets in Shenzhen, operating a total of 16 agricultural product markets under the brand "Huimin Market" in Shenzhen. The cash consideration is 0.15 billion yuan, intended to be paid using internal resources and Banks financing.
CH AGRI-PROD EX (00149) plans to acquire 100% equity of WANG ON GROUP (01222) in Weijun Investment Co., Ltd.
CH AGRI-PROD EX (00149) and WANG ON GROUP (01222) jointly announced that on December 1, 2024...
CH AGRI-PROD EX (00149.HK) intends to purchase all shares of Regal Smart Investment Limited for 0.15 billion Hong Kong dollars.
On December 13, Glonghui reported that CH AGRI-PROD EX (00149.HK) announced that on December 13, 2024, the seller (a wholly-owned subsidiary of Hongan), Hongan (as the seller guarantor), the buyer (a wholly-owned subsidiary of Shenzhen Agricultural Products Group) and Shenzhen Agricultural Products Group (as the buyer guarantor) entered into a sales agreement, whereby (i) the seller conditionally agrees to sell and the buyer conditionally agrees to purchase all shares of the target company Regal Smart Investment Limited; (ii) the seller conditionally agrees to sell and transfer the shareholder loans and the buyer conditionally...
China Agri-Products Exchange Posts Higher Fiscal H1 Profit
In the "Performance" report, ch agri-prod ex (00149.HK) had a mid-term net profit of 10.28 million yuan, an increase of 28.6%, and no dividend was declared.
Ch Agri-prod Ex (00149.HK) announced its interim performance for the six months ending in September, with revenue of 0.303 billion yuan, a 6.7% year-on-year decrease. Recorded a net profit of 10.28 million yuan, a growth of 28.6%, with earnings per share of 0.1 cent. No interim dividend will be distributed.
CH AGRI-PROD EX: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
The ch agri-prod ex (00149.HK) plans to hold a board of directors meeting on November 27 to approve the mid-term performance.
Glory Junction November 15th | ch agri-prod ex (00149.HK) announced that the company will hold a board of directors meeting on November 27, 2024 (Wednesday) to consider and approve (including) the mid-term performance of the company and its subsidiaries for the six months ending September 30, 2024, and to consider the distribution of interim dividends (if any).
Many real estate stocks surged by over 60%! On the first day of the new policies in Beijing, Shanghai, Guangzhou, and Shenzhen, some people even "bought houses in the air" overnight!
After the opening of the Hong Kong stock market, the real estate sector has the highest increase, with more than several individual stocks still rising by over 60% as of the time of writing.
Ch Agri-prod Ex (00149.HK): Establishes a 1 billion HKD medium-term note program.
Grain News August 23rd | CH Agri-prod Ex (00149.HK) announced that it has issued unsecured fixed-rate notes ("notes") for an amount of up to 1 billion Hong Kong dollars under the medium-term note program ("the Program"). After independent shareholders approved the appointment of Yongan Securities as the arranger and trader for the Program, the company has completed the establishment of the Program on August 23, 2024.
Ch Agri-prod Ex (00149.HK) appoints Shang Hailong as Independent Non-Executive Director.
On August 20th, Guolonghui reported that Li Yinqun has resigned as an independent non-executive director of China Agricultural Products Trading (00149.HK) since the end of the company's shareholder annual meeting on August 20, 2024 due to putting more time into handling other business. It was announced on the same day that Shang Hailong was appointed as an independent non-executive director since the end of the shareholder annual meeting.
CH AGRI-PROD EX: 2024 ANNUAL REPORT
China Agri-Products Exchange Names Financial Adviser for Up to HK$1 Billion Medium-Term Debt Program
Ch Agri-prod Ex (00149.HK) has appointed Lingzhi Enterprise Financing as its independent financial advisor.
Ch Agri-prod Ex (00149.HK) announced that Lingzhi Enterprise Financing Ltd. (a licensed corporation authorised to carry on Type 6 regulated activity of advising on corporate finance under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)) has been appointed as independent financial adviser to provide advice to the independent directors' committee and independent shareholders in relation to the proposed transaction under the trader agreement.
Ch Agri-Prod Ex (00149) has entered into a three-year dealer agreement with YongAn Securities for the proposed medium-term note program establishment.
Ch Agri-prod Ex (00149) announced that it has reached a proposal with Yongan Securities to establish a joint venture on July 11, 2024.
China Agri-Products Exchange Profit Inches Up in Fiscal 2024
ch agri-prod ex (00149.HK) had an annual net profit of approximately 7.4 million Hong Kong dollars, an increase of 8.8% year-on-year.
China Agricultural Products Trading (00149.HK) announced that as of March 31, 2024, the annual revenue of the group was about HKD 579 million, a decrease of about 2.9% from the previous fiscal year. The net profit attributable to the owners of the parent company was about HKD 7.4 million, a year-on-year increase of 8.8%. Earnings per share of the parent company's ordinary equity holders was 0.07 Hong Kong cents. The increase in net profit attributable to the owners of the parent company was mainly due to the reversal of long-aged payables and the comprehensive impact of several other projects, including but not limited to a fair value loss of self-owned investment properties compared to the previous fiscal year.
CH AGRI-PROD EX: ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 MARCH 2024
Ch Agri-prod Ex (00149.HK) held a board of directors meeting on June 26 to consider and approve the publication of annual performance.
China Agri-Prod Ex (00149.HK) announced that the board of directors meeting will be held on Wednesday, June 26, 2024, which includes consideration and approval of the publication of the annual performance results of the company and its subsidiaries for the year ending March 31, 2024 and consideration of the distribution of annual dividends (if any).
CH AGRI-PROD EX: DATE OF BOARD MEETING
WOG and CAP Group to Sell Unit for 28.90 Million Yuan and Debt Payments